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The article examines the role of UPI in India’s digital gold market, noting substantial monthly and quarterly increases, regulatory cautions from SEBI, and the growing use of payment apps. It highlights cost considerations and emphasizes long-term saving strategies as consumer interest expands.
The article explains India’s tariff agreement with the United States, lowering duties from 50% to 18% and outlining sector-specific impacts, including positive prospects for metals, jewellery, textiles and apparel, while noting limited effects on pharmaceuticals and consumer electronics, with Moody’s cautions on Russia oil.
India’s Union Budget 2026, presented by Finance Minister Nirmala Sitharaman on February 1, 2026, removes outdated value caps on duty-free gold jewellery allowances for passengers, setting weight limits at 40 grams for women and 20 grams for men. This change, hailed by Indian expats in the UAE, addresses years of confusion, harassment, and compliance issues caused by soaring gold prices since the 2
India’s Union Budget presentation has evolved significantly over time. Until 1998, budgets were presented at 5 PM to align with the British Parliament’s schedule. This colonial-era practice ended in 1999 when Finance Minister Yashwant Sinha shifted the timing to 11 AM for better parliamentary scrutiny. Further reforms included advancing the budget date to February 1, introducing the traditional ba
India’s 1973 Black Budget addressed severe fiscal deficits and war-driven crises through state control, while the 1997 Dream Budget revolutionized the economy by slashing tax rates to stimulate unprecedented growth.
The Budget 2026 focuses on strengthening India’s manufacturing sector through gst reform, input cost relief, domestic production incentives, and policies to support Make in India, small and large enterprises, and R&D driven growth, aiming to expand exports and create jobs while maintaining macroeconomic stability.
With Budget 2026 approaching, India’s crypto ecosystem is watching closely for tax reforms that could ease one of the world’s toughest virtual digital asset regimes. Industry experts expect rationalisation rather than aggressive taxation, including potential relief on loss offsets and holding rules.
India’s Economic Survey 2026 highlights the government’s strategic priorities, with “Growth” emerging as the most referenced term, followed by Artificial Intelligence and employment. The data reflects India’s focus on technology-driven economic expansion, job creation and stable macroeconomic management.
India’s Economic Survey 2026 highlights resilient economic fundamentals, projecting GDP growth between 6.8% and 7.2% for FY27, with long-term potential near 7%. Inflation is expected to remain within the RBI’s comfort zone, supported by supply improvements and GST reforms. The electronics and mobile manufacturing sectors continue to drive exports and domestic production. The report sets the econom
India’s gold imports straining foreign reserves and the rupee. Policymakers may raise duties from 6%—cut in 2024—to curb non-essential demand and trade deficits, though past hikes failed to dent consumption as investment demand via ETFs soared.
